Rapid Revenue Enhancement

Debtpack’s Rapid Revenue Enhancement methodology stabilizes and increase Municipal cash flows within 6 months. Credit Managers install Debtpack Enterprise to enable themselves to create an in-house platform from where they drive results.

Stabilize Cash Flow

In the above example, the Municipality’s monthly cash flows, prior to Debtpack, swung erratically between R1, 000,000 and R1, 500,000. Rapid Revenue Enhancement increased total cash flow in month one to R1, 700,000 and then settled down at +R1,500,000 per month. This is despite revenue declining markedly.

Increase Collection Rate

In the above example Rapid Revenue Enhancement increased the Municipality’s overall collection rate from 50% to 75% in 6 months.This was largely achieved by increasing electricity payments from 70% to 90% in June and water from 35% to 80% in April. The marked drop after April is due Council deciding to stop water credit control.

Rates and Subsidies

Rates and Sundry recovery processes aren’t as direct as electricity and water which can be cut. It is a long term ‘state of mind’ thing. The diagram shows that although far from satisfactory, a zero tolerance on water and electricity, turns Rates and Sundries
around too. Once the platform has settled and resolved all data cleansing, billing, balancing and process management issues are sorted, (i.e. it is standing on solid legal ground), then Debtpack’s inbuilt legal enforcement processes can be used. Delivery volumes and times are subject local court drivers.

Collections driven by size of Local Economy

As seen above, real life results show that once Debtpack is installed, cash flows rapidly grow and then reach a banking plateau. This is the structural service delivery level that the local economy can afford.

What is RAPID Revenue Enhancement

RAPID Revenue Enhancement takes the view that real results result from simple starts, evolving iteratively into complex, deep solutions. This differs radically from the standard “Detailed Plan” First, and “Implement the approved Detailed Plan” later, route.

RAPID Revenue Enhancement is a Methodology, not a Theory. It is practice. Implementation practically moves through each credit recovery process and identifies delivery process gaps constraining success.

Converting Credit Policies into Credit Solutions

Debtpack’s Rapid Revenue Enhancement Process converts your Credit Policy into your Credit Solution.

Contact Debtpack today and enjoy the benefits of the RAPID Revenue Enhancement programme.